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18499 Miramar Pkwy Miramar, FL 33029

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Single-tenant, net-leased Wells Fargo Bank branch in Miramar, Florida.

Lot size:
33,045.00 Acres

Property Features for 18499 Miramar Pkwy

General Information

Standard status
Active
Zoning
B2
Lot size
33,045.00 Acres

Building Details

Year built
2002

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Listing Contact
Aaron O'Connor
Source: Crexi

Listing Agency: Marcus & Millichap - Fort Lauderdale Listing Agent: Aaron O'Connor

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Wells Fargo Bank Branch

This offering presents an opportunity to acquire a single-tenant, net-leased Wells Fargo Bank branch at Sunset Lakes in Miramar, Florida. The asset features a well-documented and increasing deposit schedule over the life of the lease, with the most recent annual escalation delivering meaningfully positive rent growth. With approximately five years of term remaining, this investment represents a chance to acquire a performing bank branch in a South Florida market. High-credit bank branches in suburban South Florida are among the scarcest net-lease assets in the national market. Negative net branch openings industry-wide and Wells Fargo’s own strategic consolidation have meaningfully reduced the supply of tradeable bank investments in the region. Investors seeking durable, passive income backed by one of the largest financial institutions in the world will find this offering to be a compelling and timely acquisition.
Location Intelligence

Current Use by Public Records

Banks

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Nail Salon Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Miramar
County
Broward
State
Florida
Longitude
-80.3943116
Latitude
25.9794015

FAQs

What type of property is this?
Bank - Single-tenant, net-leased Wells Fargo Bank branch in Miramar, Florida.
Where is this bank located?
The property is located at 18499 Miramar Pkwy Miramar, FL.
What are key features of this property?
This property features: - Single-tenant Wells Fargo Bank branch in affluent Miramar, Florida.; - Increasing deposit schedule and positive rent growth.; - Approximately five years of lease term remaining.
More about this property
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